Decline but negotiations continue between two Food Industry giants. Unilever rebuffing merger proposal from kraft heinz in what would be one of the biggest deals ever. Plus stocks pull back. Was the record run for the dow and u. S. Markets overly bullish . And four weeks since taking the oath of office, President Trump tries to focus on jobs and manufacturing. Hell visit a boeing plant in South Carolina later this morning. First up though, kraft heinz looking to create a consumer powerhouse confirming it has made a takeover proposal to unilever. The initial proposals been rejected unilever saying it undervalues the company. But kraft says it looks forward to reaching an agreement with unilever, adds of course theres no guarantee one will be reached. We finally have some numbers to work with, david, and im sure you got so color behind that. Yeah, luckily able to speak to some people who, you know, at least are familiar with whats going on here. Why are we learning about this . Well, sto
Now id like to introduce our head fable, please hold your applause until all head table members have been introduced. From my left, michelle amber, reporter for the National Press clubs wire and retired labor reporter for bloomberg bma. Chris, a journalist and former writer at working america. Liz shuler, secretarytreasurer of the aflcio. Skipping over the podium, jamie horowitz, owner of pr work and head of the npc headliners booking team so hes the person that helped organize todays lunch. Thank you, jamie. Jeff plunges, lead automotive Investigative Reporter for consumer reports. Michael smith, a bakery worker at nabisco in chicago and a member of the bakers union. [ applause ] patty, senior strategist and principle at psg communications. And finally, robert column, Technology Journalist and contribute or the to i3 magazine. [ applause ] our guest today, richard trumka, has been president of the nations Largest Labor federation aflcio since 2009. Before that, he served as the secret
Our road map begins with a tweet storm from president elect trump weighing in on trade and china. Italian Prime Minister renzi says hell step down after losing that key referendum vote. And rbc suggests an espn spinoff could create value for disney. More on that coming up this hour. First up, president elect sounding off on twitter from everything from china to ta wan to taxes businesses moving from the u. S. To china. Did china ask us if it was okay to devalue their currency making it hard for our companies to compete, the u. S. Doesnt tax them or to build a massive military complex in the middle of the South China Sea . I dont think so. Jim, this was the talk of the weekend. As it should be. I think that one of the things thats happened is that were used to a very formal way things are done. First you hear about a call from taiwan. Obviously its not supposed to be taken in the old regime. And then youre supposed to if you do take it minimize it. But this was maximizing it. I think tr
A barrel. And you have to go back to november so when weve seen prices like this. If you went to bed early donald trump declared himself the presumptive gop nominee. After winning all five states yesterday by huge margins. I use the analogy of the boxer. You dont have to wait around for the decision when the boxer knocks out the other boxer. So that is what is it is. Hillary clinton beating Bernie Sanders in pennsylvania, maryland, delaware and connecticut. Bernie sanders winning rhode island. Sanders is showing no sign of dropping out. Well have more on the race coming up in a few minutes. Corporate news. Comcast reportedly in talks to buy dream works for more than 3 billion. The price represents a big premium over the current market cap. Comcast parent of course of cnbc has enjoyed success with animated films. The Company Reports earnings before the opening today. Well bring them to you. Dream box is behind shrek and kung fu panda. The company has been on the block for quite some tim
up and down the east coast today, with air delays stretching nationwide. it s all because of a powerful storm system, already spawning possible tornadoes and tearing apart trees. we begin coverage now with emily schmidt. reporter: it s hard to know, looking at all of the rain falling all along the east coast. if people are testing the water. first tropical storm i ve ever been in. so, it s kind of cool. reporter: or is the water testing them? north carolina s governor declared a state of emergency, after wilmington at 18 inches of rain since sunday. 4 months worth of water in 100 hours. one inch more would top a record set by hurricane floyd a decade ago. for landscape businesses, it s disappointing. it hurts you. like four days in the house doing nothing. reporter: for others, it s disorienting. i normally make my swing around to go to this box over here. to deliver. and the pavement, you know. reporter: clarence williams drives this postal route all the time